"Sorry guys - but a promise is a promise - " [Paul Keating about to introduce tax cuts that will benefit high-income earners, as high interest rates are used to slow economic activity] [picture] /

Title devised by cataloguer.; Published in the Canberra Times on 13 April 1989.; Part of the Pryor collection of cartoons and drawings.; Also available in an electronic version via the Internet at: http://nla.gov.au/nla.pic-vn3107932. In his economic statement, Treasurer Paul Keating promises tax cuts to middle and lower income earners of almost $5 bn by adjusting middle-level tax brackets. At a time when the Government is trying to keep the lid on interest rates, it is vital that a blowout in demand doesn't happen. Here's hoping!--Information provided by Geoff Pryor